Mccaw Craig - Dec 27, 2021 Form 4 Insider Report for Astra Space, Inc. (ASTR)

Role
Director
Signature
/s/ Craig Mccaw
Stock symbol
ASTR
Transactions as of
Dec 27, 2021
Transactions value $
$0
Form type
4
Date filed
12/29/2021, 02:49 PM
Previous filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTR Class A Common Stock Other +1.37M +17.65% 9.1M Dec 27, 2021 See Footnote F1, F2
holding ASTR Class A Common Stock 180K Dec 27, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 26, 2021, Astra Space Inc (Astra) announced the redemption of all of its outstanding redeemable public warrants and 5,333,333 private placement warrants. Pendrell Corporation (PCO), through X-icity Holdings Corporation ("X-icity) was the holder of all 5,333,333 private placement warrants. X-icity originally acquired the private placement warrants for $1.50 per warrant or an aggregate purchase price of $8,000,000. The acquisition of warrants was part of the original offering described in Holicity's final Prospectus dated August 4, 2020 and filed with the Securities and Exchange Commission (File No. 333-239926) on August 6, 2020. X-icity received 1,365,532 Class A common shares in Astra as a result of the redemption of the private placement warrants.
F2 The reporting person is the Co-CEO of PCO, which owns 100% of X-icity. X-icity is the record holder of the securities. The reporting person shares voting and investment discretion with respect to the common stock held of record by X-icity and disclaims any beneficial ownership of any shares held by PCO or X-icity except to the extent Mr. McCaw has a pecuniary interest therein.